Wed, Jun 19, 2013, 5:20 AM EDT - U.S. Markets open in 4 hrs 10 mins
WTI Crude at a discount right now....Awesome for WNR. If things continue this way for awhile, WNR will be almost debt free in less than two years...maybe 18 months. Then its north of $30 period.
It's news enough for the oil speculators to push up crude prices. Right now only these geo-political events have any affect on the speculators...for the most part.
Does WNR buy any imported crude or is it all from the Permian Basin (or other U.S. fields)?If the M. East boils over, WNR would benefit from a stable US supply line vs refineries that import.
Never mind.Just read your post on another tread.Thanks, great minds think alike :)